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05 Jan 2009 07:19 am
Conflicts Of Interest
Manzi explains the danger of government funded pharmaceutical research:
Ezra Klein
has an interesting post up in which he correctly points out the
conflict of interest inherent in having pharmaceutical companies that
develop new drugs execute the clinical trials that test for their
safety and efficacy... Klein recommends a paper that presents a simple solution: the government should fund contract research directly.
But
the obvious point that this misses is that a government bureaucracy has
its own conflicts of interest. Most directly, bureaucrats and
politicians tend to have enormous career risk from an unsafe drug
introduction, but almost none from a rejected drug that would have been
effective had it been introduced. Publication and study design bias can
be pointed in both directions.
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